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Financial Resources for Small Business Impacted by COVID-19



The following financial resources are available to help medical practices that are impacted by the Coronavirus pandemic.

PRACTICE FINANCIAL SUPPORT RESOURCES

SBA Paycheck Protection Program Forgivable Loans - APPLY ASAP!
Fact Sheet, Application

CA Governor's Office of Business and Economic Development (Go-Biz): The Governor's Office of Business And Economic Development has compiled helpful information about COVID-19 for employers and employees in California

CA iBank Small Business Finance Center: California Small Business Loan Guarantee Program and Disaster Relief Loan Guarantee Program

CA Treasurer's CalCap Program: Special Loan Program which encourages banks to make loans to small businesses which have difficulty getting financing

Inland Empire Microenterprise Collaborative: This resource is a collection of microlenders who can provide loans up to $75,000.00 to small businesses

Cameo:  CAMEO is California’s statewide micro-business network made up of over 220 organizations, agencies, and individuals dedicated to furthering Micro-Business development in California with small and micro-business financing such as loans and credit, technical assistance and business management training.

TA Providers Guide:  Find your local small business assistance center. At these federal- and state-funded business assistance centers, small businesses and nonprofits offer free one-on-one business counseling and training, including the discussion of options for accessing capital.

National Federation of Small Business:  NFIB is a nonprofit, nonpartisan organization that advocates on behalf of small and independent business owners. NFIB has compiled financial resources to help small businesses experiencing hardship during the COVID-19 crisis.

EMPLOYER RESOURCES

SBDC Employer COVID 19 Resource Packet: Provides a variety of resources for COVID-19 disaster relief including loans for qualifying businesses and valuable information for employers and employees. Download the resource packet to learn more.

EDD:  Employers experiencing a hardship as a result of COVID-19 may request up to a 60-day extension of time from the EDD to file their state payroll reports and/or deposit state payroll taxes without penalty or interest. A written request for extension must be received within 60 days from the original delinquent date of the payment or return. For questions, employers may call the EDD Taxpayer Assistance Center. Toll-free from the U.S. or Canada: 1-888-745-3886.

Franchise Tax Board: COVID-19 special tax relief and updates.



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